Protect Your Bank Account
Protect your bank account from scams and fraud with expert tips on passwords, multi-factor authentication, and safe online banking practices.
By Michael McCullough on October 31, 2025. Estimated reading time: 5 minutes.
Introduction
This is part of a series of columns about how to protect important information and people in your life against fraud and scams.
Banking in the Digital Age
Banking these days is something that increasingly leaves out the bank.
“People don’t go to an ATM or into a bank a lot anymore, instead they mostly log in on our laptops or mobile devices,”says Octavia Howell, vice-president and chief information security officer for Equifax Canada.
Banking from your phone or computer is convenient, but it leaves a lot of the security that used to be undertaken by the bank up to the customer.
Author summary: Protect bank account with expert tips.
- Passwords
- Multi-factor authentication
- Safe online banking practices